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80-Year-Old Inventor Gil Hyatt Says Patent Office is Waiting For Him To Die (venturebeat.com)
Dean Takahashi, reporting for VentureBeat: Gil Hyatt has gotten many rewards from his days as an inventor. In 1990, he received a fundamental but controversial patent on what he called the first microprocessor, or computer on a chip. It was 22 years late, but he nosed out rivals such as Intel in being the first to file for a patent application in 1968. He then licensed that patent and 22 of his 69 other patents to Philips Electronics, which then began enforcing them on the rest of the electronics industry and collecting royalties.
Philips' efforts netted Hyatt more than $150 million, though the state of California would try for 24 years to take a big chunk of that money for taxes. It argued that Hyatt pretended to move to Las Vegas in 1991, but in 2017, he finally prevailed in convincing the tax board that he really did move. But at 80 years old, Hyatt still isn't resting on the rewards he got. In fact, he's still in a bitter battle with the U.S. Patent and Trademark Office. He claims the office is sitting on his remaining applications, and is waiting for him to die. Hyatt sued to get the patent office to issue his remaining patent applications. The patent office declined to comment, citing the litigation. Further reading: Gil Hyatt interview: Why patent examiners gave controversial patents a scarlet letter.
Philips' efforts netted Hyatt more than $150 million, though the state of California would try for 24 years to take a big chunk of that money for taxes. It argued that Hyatt pretended to move to Las Vegas in 1991, but in 2017, he finally prevailed in convincing the tax board that he really did move. But at 80 years old, Hyatt still isn't resting on the rewards he got. In fact, he's still in a bitter battle with the U.S. Patent and Trademark Office. He claims the office is sitting on his remaining applications, and is waiting for him to die. Hyatt sued to get the patent office to issue his remaining patent applications. The patent office declined to comment, citing the litigation. Further reading: Gil Hyatt interview: Why patent examiners gave controversial patents a scarlet letter.
California is one of a small handful of states that put more money in Federal coffers than it takes out (Texas is the only red state in that category). It may make you feel a very big person to make fun of California, but more than likely it's true that wherever you live in the US, California could buy your state. Whatever it's problems, it is one of the major economic engines not just of the United States, but of the entire world.
Before you start mocking the size of your neighbor's penis, you should probably take a good hard long long in the mirror at your own.
The world's burning. Moped Jesus spotted on I50. Details at 11.
It's for legal reasons. Turns out that "Patent Troll" is a Trademark of "International Patent Troll Consortium".